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Kotak Mahindra Bank
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Kotak Mahindra Bank: A Leading Indian Financial Services Provider Kotak Mahindra Bank Limited, headquartered in Mumbai, is a prominent player in India's banking and financial services sector. Established as a financial services company, it has expanded its offerings to encompass a wide range of prod...
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- Company type Public
- Industry Financial services
- Founded 6 February 2003
- Founders Uday Kotak
- Headquarters Mumbai, Maharashtra, India
- Key people Uday Kotak,
- Services Consumer banking, Commercial banking, Insurance, Credit cards, Investment banking, Mortgage loans, Private banking, Private equity, Investment management, Asset management, Wealth management, Stockbroking
- Revenue ₹94,274 crore (US$11 billion) (2024)
- Net income ₹18,213 crore (US$2.1 billion) (2024)
- Number of employees 116,000+ (March 2024)
- Subsidiaries Kotak Mahindra General Insurance, Kotak Life Insurance, Kotak Mahindra AMC, Kotak Securities, Kotak Mahindra Prime
- Website www.kotak.com
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Kotak Mahindra Bank history
Last Updated : 23/03/25, 07:45 PM
Kotak Mahindra Bank: A Trajectory of Growth Kotak Mahindra Bank's journey began in 1985 with Uday Kotak founding Kotak Capital Management Finance Limited, bootstrapped with a modest loan. Early investments from Anand and Harish Mahindra solidified the foundation, leading to the company's renaming as...
KOTAK MAHINDRA BANK NEWS
Kotak Mahindra Bank SMS alert charges revised from December; check details
November 07, 2025 6:13 pm
Kotak Mahindra Bank updates SMS Alert: If you are a Kotak Mahindra Bank customer, you will have to shell out this charge if you receive more than 30 SMS alerts every month.
Built on discipline, poised for more? The case for Kotak Mahindra Bank 2.0
June 04, 2025 8:23 am
From 2015 to 2020, Kotak's stock grew at a rate of about 16% annually. But since 2020, things have slowed down, with returns dropping to less than 5% a year. In a market where investors are rewarding institutions that are growing faster, scaling rapidly, and taking bolder steps in innovation, is Kotak still the quiet compounder it used to be, or has it lost its edge?
Uday Kotak buys sea-facing building in Worli for over Rs 400 crore, creates new property price record
May 06, 2025 12:13 pm
The building 19 Shiv Sagar is next to Champagne House, another high-end address on Worli Sea Face, which the Kotak family had purchased in 2018 for Rs 385 crore.
Uday Kotak warns 'accidents may still happen' in financial sector despite protection
February 20, 2025 10:44 pm
Uday Kotak said India needs to move from micro-management/over-regulation and toward ushering growth and competition.
Gujarat confidential: Power of Words
January 29, 2025 1:52 am
A recent comment of BJP Jetpur MLA and Patidar leader, Jayesh Radadiya ,during a mass wedding function of 511 girls from the community, in Rajkot district’s Jamkandorna has become a talking point within the Patidar community.
Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
May 06, 2024 11:43 am
On the BSE, the stock climbed 4.85 per cent to Rs 1,622.35 while the shares jumped 4.90 per cent to Rs 1,622.50 on the NSE.
RBI action to have limited financial impact; worried about reputational damage: Kotak Mahindra Bank
May 04, 2024 7:15 pm
Late last month, the RBI barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect as the lender was found deficient in its IT risk management.
Kotak Mahindra shares hit 52-week low after KVS Manian resigns
May 02, 2024 12:39 pm
The private lender's stock tanked 4.38 per cent to hit its 52-week low of Rs 1,552.55 on the BSE and 4.40 per cent lower to settle at 1,552.40 at the NSE.
Kotak Mahindra shares plummet 10.85% after RBI action
April 26, 2024 12:44 am
While the bank reassured to its existing customers of uninterrupted services, including credit card, mobile and net banking, the market took the RBI action seriously.
Kotak Mahindra Bank plunges 10% after RBI action, Nifty Bank under pressure
April 25, 2024 11:18 am
Kotak Mahindra Bank Share Price: The company's shares dropped 9.7 per cent to 1,665 rupees in pre-open trade, the lowest since March 2023. The shares of banking major are trading 183.05 points, or 9.93 per cent lower at 1,659.75 per equity share on NSE.
